Federal Minister for Power Awais Ahmed Leghari on Monday met U.S. Acting Ambassador Natalie Baker to discuss investment opportunities and ongoing reforms in Pakistan’s power sector.
The meeting focused on the Surplus Power Package, which provides competitively priced electricity to industrial consumers. Leghari requested U.S. support to extend the package to greenfield industries to stimulate investment and economic growth.
Leghari also sought assistance in engaging U.S.-based multilateral partners and international financial institutions, including the IMF and World Bank, to remove obstacles to sustainable sector development and implement structural reforms.
The discussion covered power distribution inefficiencies, including technical and commercial losses, recovery improvements, and circular debt management. Baker praised the government’s reform efforts and data-driven interventions.
Investment prospects for U.S. firms were highlighted, particularly in transmission projects and the privatization of distribution companies (DISCOs). Leghari urged Baker to encourage private sector participation in DISCO acquisitions to enhance efficiency and service delivery.
Discover more from Brackly News
Subscribe to get the latest posts sent to your email.
